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How much must Rashad invest today to have $15,000 in 8 years assuming 12% interest compounded annually? $11.520.00 $10,000.00 $6,060.00 $19,531.25

How much must Rashad invest today to have $15,000 in 8 years assuming 12% interest compounded annually?

$11.520.00

$10,000.00

$6,060.00

$19,531.25

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